As of 2025-10-19, the Relative Valuation of Electrovaya Inc (ELVA.TO) is 0.48 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 9.53 CAD, the upside of Electrovaya Inc based on Relative Valuation is -95.0%.
The range of the Relative Valuation is 0.04 - 0.92 CAD.
| Range | Selected | |
| Trailing P/E multiples | 21.6x - 22.0x | 21.8x |
| Forward P/E multiples | 19.5x - 19.6x | 19.5x |
| Fair Price | 0.04 - 0.92 | 0.48 |
| Upside | -99.6% - -90.3% | -95.0% |
| Date | P/E |
| 2025-10-15 | 244.92 |
| 2025-10-14 | 247.07 |
| 2025-10-10 | 223.70 |
| 2025-10-09 | 217.26 |
| 2025-10-08 | 218.21 |
| 2025-10-07 | 220.60 |
| 2025-10-06 | 222.98 |
| 2025-10-03 | 204.62 |
| 2025-10-02 | 193.41 |
| 2025-10-01 | 196.99 |
| 2025-09-30 | 195.56 |
| 2025-09-29 | 202.23 |
| 2025-09-26 | 202.00 |
| 2025-09-25 | 219.17 |
| 2025-09-24 | 246.35 |
| 2025-09-23 | 238.72 |
| 2025-09-22 | 224.17 |
| 2025-09-19 | 231.81 |
| 2025-09-18 | 223.22 |
| 2025-09-17 | 216.78 |
| 2025-09-16 | 196.03 |
| 2025-09-15 | 200.33 |
| 2025-09-12 | 193.89 |
| 2025-09-11 | 196.27 |
| 2025-09-10 | 191.74 |
| 2025-09-09 | 194.60 |
| 2025-09-08 | 192.22 |
| 2025-09-05 | 203.66 |
| 2025-09-04 | 209.63 |
| 2025-09-03 | 208.43 |
| 2025-09-02 | 189.12 |
| 2025-08-29 | 199.37 |
| 2025-08-28 | 196.75 |
| 2025-08-27 | 180.29 |
| 2025-08-26 | 180.05 |
| 2025-08-25 | 173.14 |
| 2025-08-22 | 155.49 |
| 2025-08-21 | 150.48 |
| 2025-08-20 | 152.39 |
| 2025-08-19 | 158.35 |
| 2025-08-18 | 158.35 |
| 2025-08-15 | 154.54 |
| 2025-08-14 | 151.68 |
| 2025-08-13 | 161.45 |
| 2025-08-12 | 165.03 |
| 2025-08-11 | 155.25 |
| 2025-08-08 | 156.21 |
| 2025-08-07 | 153.82 |
| 2025-08-06 | 152.63 |
| 2025-08-05 | 158.11 |